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IndiGo is putting $820 million into its own fleet game

Business

IndiGo, India's biggest airline, recently approved an $820 million investment (about ₹7,294 crore) into its own subsidiary, InterGlobe Aviation Financial Services IFSC.
The move will be made through a mix of equity and preference shares.

Why the big spend?

IndiGo wants more control over its planes. Instead of mostly leasing aircraft from others, it's shifting toward owning or finance-leasing them.
This helps the airline avoid currency risks tied to dollar leases and keeps its finances steadier for the long run.

Looking ahead: more planes, bigger plans

With this fresh capital boost, IndiGo aims to ramp up direct ownership of its fleet—and with over 900 new aircraft on order until 2035, they're clearly planning for some serious growth both in India and abroad.